Singapore shares open 0.1% higher on Friday

SINGAPORE stocks opened 0.1 per cent higher on Friday, with the Straits Times Index rising 4.17 points to 3,232.79 as at 9.02am. The blue-chip index edged up as fears lessened over the outcome of the French presidential elections.

About 83.8 million shares worth S$103.4 million changed hands, which worked out to an average unit price of S$1.23 per share.

The most actively traded counter was MDR, which was flat at S$0.006 with 11.4 million shares traded. Other actives included SingTel and Blumont.

Losers outnumbered gainers 78 to 60, or about four down for every three up.